Sold Price cut: $40,000 (4/2)
$169,900
3 beds
3986 Old Cornelia Highway, Gainesville, GA 30507
About this home
THIS IS IT!! A meticulously restored 1930's Country Ranch home on a 1-acre lot. Original Hwoods, doors, and hardware restored and tastefully matched with the modern finishes of a new home. New roof, siding, master bath suite, kitchen and mud room/laundry. New HVAC, plumbing, electric, and septic system. Great outdoor living space with new back deck and rocking chair front…
PoolBasementGarageNo HOA
Listing remarks courtesy of ERA ATLANTIC REALTY · Sold by Berkshire Hathaway HomeServices Georgia Properties.
· FMLS #5977599$1,162/mo est.
with $16,990 down · $169,900 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
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As soon as today with a Veribas agent
Video walkthrough
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Home details
3
Beds
1937
Built
1 ac
Lot
1-car
Garage
2
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,900/morange $1,775 – $2,02513.4% gross yield
Based on 12 similar rentals within 5 mi (4 recently leased).
3 bd · 4 ba · 2,656 sqft · 2.3 mi away$2,495/mo3 bd · 2 ba · 1,216 sqft · 3.5 mi away · leased$1,400/mo3 bd · 2 ba · 3.9 mi away$2,000/mo3 bd · 3 ba · 1,869 sqft · 4.3 mi away · leased$2,150/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,212/mo
Principal & interest$992
Property taxes$170
Home insurance$50
Down payment$16,990 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
White SulphurElementary
East HallMiddle
East HallHigh
Location
8 for sale 2 pending 12 sold
Listed by
ERA ATLANTIC REALTY · Sold by Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS · #5977599
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
